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This endorsement modifies insurance provided under the following: BUSINESS AUTO COVERAGE FORM A. Broad Form Named Insured of the operations contemplated by such contract. The The following is added to the SECTION 88 — waiver applies only to the person or organization deeignotedineuohoontroct COVERED AUTOS L8^��8L8T�y ��ERAGE' Para- graph A.1. Who 8s An Insured Provision: E. Employee Hired Autos Any business entity newly acquired or formed byyou 1. The following is added to the SECTION 88 — during the policy period, provided you own fifty COVERED AUTOS LIABILITY COVERAGE' percent(S0Y6)or more of the business entity and the Paragraph A.1.Who 8s An Insured Provision: business entity ie not separately insured for 0ue-ineee An ..emp|oyee, of yours is on ''ineunud^ while Auto Coverage. Coverage is extended up to o "auto" hired or rented under o maximum of one hundred eighty(180)days following operating on "employee's"oontroctorogreementinthot emp|oyee'e name, ' � with your permieeion, while performing duties This provision does not apply to any person or related to the conduct of your business. organization for which coverage is excluded by 2 Changes endoreemenL ' � B. Employees As Insureds Paragraph 5'b' Other�h�r Insurance Con- dition in the BUSINESS AUTO CONDITIONS is The following is added to the SECTION 88 — deleted and replaced with the following: COVERED AUTOS LIABILITY COVERAGE, Para- b For Physical �omogeCoveroge graph��.1. VVhm8s��n Insured Provision: � ' the following are deemed to be covered Any"employee"of yours is on "insured"while using o ''oubue^ you own: covered ^oubu^ you don't own hire' (1) Any covered "auto" you lease, hire, rent business or your personal affairs. ' . orborrow� and C. Blanket Additional Insured (2) Any covered ^oubu^ hired or rented by The following is added to the SECTION 88 — your ''emp|oyee^ under o contract inthat COVERED AUTOS LIABILITY COVERAGE, Para- individual ''emp|oyee'e^ name, with your graph A.1. Who 8s An Insured Provision: pennieeion, while performing duties Any person or organization related butheoonductofyourbueineeeon that you onu required bu "auto"Hovm»ver, any oubu that hinud include oeonodd�iono|insured on this coverage form ' ' ' in o contract or agreement that is executed by you rented or borrowed with o driver is not o..outo. before the''bodi|yinjury"or''prope� covered"property . is on ''ineunud^ for liability ooveroge, but only for F. Fellow Employee Coverage damages bu which this insurance applies and only to SECTION 88 — COVERED AUTOS LIABILITY the extent that person or organization qualifies oeon .. . ��"�ERA��E ��o|u�imn �� 5 does not apply if you ineunud under the Who |e An |neunud provieion ' ' ' have workers compensation insurance in-force contained in SECTION 88 — COVERED AUTOS covering all of your employees. LIABILITY COVERAGE. The insurance provided to the additional insured will G' Auto Loan Lease Gap Coverage be on o primary and non-contributory basis to the SECTION III — PHYSICAL DAMAGE COVERAGE' additional insured'sovvn business auto coverage if C. Limnit Of Insurance, ie amended by the addition of you are required todoeoino contract oragreement the following: that is executed by you before the "bodily injury^ or ..property damage"occurs. |n the event ofo total''|oee^buo covered''oubu^shown in the Schedule of Deo|orodone, we will pay any unpaid amount due on the lease or loan for ocovered D. Blanket Waiver OfSubrogation .. , oubu . |eee: The following ie added bu the SECTION 8V — B0S8- 1 The amount paid under the PHYSICALNESSA0T��N08T8��NS'�� Loss��mnditimns' 5. ' DAMAGE COVERAGE section of the po|ioy� and Transfer Of Rights Of Recovery Against Others ' To Us: 2. Any: We waive any right of recovery vve may have against m. Overdue lease/loan payments at the time of any person or organization to the extent required of the"loss"; you byo contract executed prior to any ''000ident^ or "loee^. provided that the''000ident^or''|oee^arises out PPA3000313 Page 2ofS